MONTREAL, June 21, 2012 /CNW Telbec/ - Sunset Cove Completes Second
Diamond Drill Hole at Carolay Silver Property June 21, 2012 Toronto, ON (TSX: SSM) (BVL: SSM) The second hole of this years diamond drill program has been finalized.
The hole DDH-06 went to a depth of 301 meters and has again crossed two
structures. The most important of these being the Carolay Vein at
193.06 meters and the Carolay 1 Vein at 226 meters.
"We stopped DDH-06 at this depth after having achieved our goal of
crossing the two known important structures in Anomaly #1," said Lorne
Woods, President of Sunset Cove. "The logging of the core has confirmed
that we have multiple mineralized structures at a different depth and
location from DDH-07 which shows a continuity of the structures."
The Carolay vein was found at 193.06 to 194.60 meters and contained
Small Iron oxide vein 4%, small manganese oxides veins 2%, small
marmatite veins 3% and muscovite crystals 2%.
The Carolay 1 vein was found between 234.80 to 234.87 meters. There is a
fault with content of iron oxides.
Sunset expects the results of the assaying of the core to be ready
within the next two to three weeks.
The preparation of DDH-05 is underway and it should be collared in a
couple of days. This hole is designed to cross the know structures at a
different angle and will again provide more information to Sunset Cove.
In addition Sunset is set to begin surface exploration work on the
Maranon sector of the Carolay property. Early exploration work has
identified similarities here to that of the well-known Pataz Batholith
a prolific gold producing sector just to the east on the other side of
the Maranon River.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr.
Alain-Jean Beauregard P.Geo. of Geologica Inc. an independent
consultant and Qualified Person as designated by National Instrument
43-101 who has reviewed the technical content of this release. Mr.
Bratzon Salvador, Operations manager, supervises exploration at Sunset
Cove's projects. All technical information for the company's projects
is obtained and reported under a formal quality assurance and quality
control (QA/QC) program.
About Sunset Cove
Sunset Cove Mining Inc., is a dynamic Canadian junior mineral
exploration and development company dedicated to driving shareholder
value through the economical acquisition, exploration and development
of precious metals and copper properties in proven Latin American
locations to the point where they become attractive joint venture or
acquisition targets. Sunset Cove is in Peru now, because now is the
time to be in Peru, and has a wholly owned Peruvian subsidiary, Minera
Sunset Del Peru S.A.C based in Lima, and is building a Peruvian mining
portfolio in precious metals and copper.
Some of the statements contained herein may be forward-looking
statements that involve known and unknown risks and uncertainties.
Results presented in this press release are exploratory in nature.
Historical data, if mentioned, should not be relied upon, as they are
not admissible under NI 43-101 rules and the Company has not conducted
sufficient testing to verify this type of information. Without
limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward-looking statements that involve various degrees of
risk. The following are important factors that could cause the
Company's actual results to differ materially from those expressed or
implied by such forward-looking statements: changes in the world-wide
price of mineral commodities, general market conditions, risks inherent
in mineral exploration, risks associated with development, construction
and mining operations, the uncertainty of future profitability, and the
uncertainty of access to additional capital. Sunset Cove disclaims any
obligation to update any such forward-looking statements.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release."
SOURCE SUNSET COVE MINING INC.
For further information:
President Sunset Cove Mining
(877) 234-0692; ext. 250